Morganite Crucible (India) Balance Sheet Health
Financial Health criteria checks 5/6
Morganite Crucible (India) has a total shareholder equity of ₹1.4B and total debt of ₹14.8M, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are ₹1.7B and ₹334.0M respectively. Morganite Crucible (India)'s EBIT is ₹300.3M making its interest coverage ratio -152.1. It has cash and short-term investments of ₹621.3M.
Key information
1.1%
Debt to equity ratio
₹14.83m
Debt
Interest coverage ratio | -152.1x |
Cash | ₹621.35m |
Equity | ₹1.37b |
Total liabilities | ₹334.00m |
Total assets | ₹1.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523160's short term assets (₹1.1B) exceed its short term liabilities (₹322.1M).
Long Term Liabilities: 523160's short term assets (₹1.1B) exceed its long term liabilities (₹11.9M).
Debt to Equity History and Analysis
Debt Level: 523160 has more cash than its total debt.
Reducing Debt: 523160's debt to equity ratio has increased from 0% to 1.1% over the past 5 years.
Debt Coverage: 523160's debt is well covered by operating cash flow (3343.8%).
Interest Coverage: 523160 earns more interest than it pays, so coverage of interest payments is not a concern.